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This property looks like a bad Mid-Term investment with a projected -19.3% first-year return on $621k initial cash invested.
-19.3%
Cash On Cash
2.06%
Cap Rate
0.34
DSCR
$10,719
Rent
-$9,979
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$10,719 income − $20,698 expenses = $9,979 out of pocket
Investment Breakdown
|
Purchase Price
$2870k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$621k
Downpayment
20%
$574k
Closing costs
1%
$28,696
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$10,719
Total Expenses
$20,698
Mortgage P&I
135%
$14,473
Property Taxes
14%
$1,532
Home Insurance
10%
$1,048
HOA
0%
$0
Property Management
12%
$1,286
CapEx
4%
$429
Vacancy
3%
$322
Maintenance
4%
$429
Other
11%
$1,179